LocaTrust: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LocaTrust
Largest movements
- Tangible fixed assets +€7,528
new in 2024: €7,528
of which Other tangible fixed assets: +€4,035
- Cash +€5,672
up €5,672 (+2100.7%), from €270 to €5,942
mainly Net result for the year (+€15,837) and Tax, wage and social debts (+€3,871)
- Receivables within one year +€2,790
up €2,790 (+10.0%), from €27,995 to €30,785
of which Trade receivables: +€2,058
- Profit (loss) carried forward +€15,837
up €15,837 (+116.8%), from €13,562 to €29,398
- Other debts -€3,899
down €3,899 (-78.0%), from €5,000 to €1,101
- Tax, wage and social debts +€3,871
up €3,871 (+113.1%), from €3,422 to €7,294
- Gross operating margin +€4,115
up €4,115 (+22.9%), from €17,985 to €22,100
- Depreciation +€1,414
new in 2024: €1,414
- Taxes +€449
up €449 (+13.1%), from €3,422 to €3,871
- Financial charges +€361
up €361 (+153.8%), from €235 to €597
- Other operating charges -€359
down €359 (-46.9%), from €766 to €407
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,265 | €44,255 | +€15,989 | +56.6% |
| Fixed assets | 21/28 | - | €7,528 | +€7,528 | |
| Tangible fixed assets | 22/27 | - | €7,528 | +€7,528 | |
| Furniture and vehicles | 24 | - | €3,493 | +€3,493 | |
| Other tangible fixed assets | 26 | - | €4,035 | +€4,035 | |
| Current assets | 29/58 | €28,265 | €36,727 | +€8,462 | +29.9% |
| Amounts receivable within one year | 40/41 | €27,995 | €30,785 | +€2,790 | +10.0% |
| Trade receivables | 40 | €27,942 | €30,000 | +€2,058 | +7.4% |
| Other amounts receivable | 41 | €54 | €785 | +€731 | +1367.0% |
| Cash at bank and in hand | 54/58 | €270 | €5,942 | +€5,672 | +2100.7% |
| Total equity and liabilities | 10/49 | €28,265 | €44,255 | +€15,989 | +56.6% |
| Equity | 10/15 | €16,562 | €32,398 | +€15,837 | +95.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,562 | €29,398 | +€15,837 | +116.8% |
| Amounts payable | 17/49 | €11,703 | €11,856 | +€153 | +1.3% |
| Amounts payable within one year | 42/48 | €10,668 | €10,856 | +€188 | +1.8% |
| Trade debts | 44 | €2,246 | €2,461 | +€215 | +9.6% |
| Suppliers | 440/4 | €2,246 | €2,461 | +€215 | +9.6% |
| Taxes, remuneration and social security | 45 | €3,422 | €7,294 | +€3,871 | +113.1% |
| Taxes | 450/3 | €3,422 | €7,294 | +€3,871 | +113.1% |
| Other amounts payable | 47/48 | €5,000 | €1,101 | -€3,899 | -78.0% |
| Accrued charges and deferred income | 492/3 | €1,035 | €1,000 | -€35 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,414 | +€1,414 | |
| Other operating charges | 640/8 | €766 | €407 | -€359 | -46.9% |
| Gross operating margin | 9900 | €17,985 | €22,100 | +€4,115 | +22.9% |
| Operating profit (loss) | 9901 | €17,219 | €20,279 | +€3,060 | +17.8% |
| Financial income | 75/76B | - | €25 | +€25 | |
| Recurring financial income | 75 | - | €25 | +€25 | |
| Financial charges | 65/66B | €235 | €597 | +€361 | +153.8% |
| Recurring financial charges | 65 | €235 | €597 | +€361 | +153.8% |
| Profit (loss) for the period before taxes | 9903 | €16,984 | €19,708 | +€2,724 | +16.0% |
| Income taxes | 67/77 | €3,422 | €3,871 | +€449 | +13.1% |
| Profit (loss) for the period | 9904 | €13,562 | €15,837 | +€2,275 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,562 | €15,837 | +€2,275 | +16.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.